[HISTORY: Adopted by the Town Board of the Town of Moreau 5-11-1993 as L.L. No. 2-1993. Amendments noted where applicable.]
It is hereby found and determined that the Town of Moreau has experienced a significant downturn in its manufacturing employment over the last 10 years and that there exists generally an unacceptably high level of unemployment in the town. The increase in unemployment and concurrent decline in the town's tax base present an immediate danger to the economic welfare of the town and its citizens.
In order to address and correct this situation, it is hereby declared to be the policy of the town to promote, attract, encourage and develop industry and commerce in the town in order to prevent further employment and provide new employment opportunities for the residents of the town and surrounding areas.
As used in this chapter, the following words and terms shall have the following meanings:
- INDUSTRIAL PROJECT
- The acquisition, construction, reconstruction, improvement or alteration, in whole or in part, of any site, plant, structure, building or other facility for manufacturing, processing (including recycling), warehousing, commercial, industrial or technological research purposes or for other industrial use.
- INDUSTRIAL SITE
- Any land within the town zoned for industrial use, together with any buildings or structures on such land, suitable as a site for manufacturing, processing (including recycling), warehousing, commercial, industrial or technological research or for other industrial use.
- PUBLIC CORPORATION
- Any city, town, village, industrial development agency, local development corporation or public benefit corporation under the laws of the State of New York within or operating within the boundaries of the Town of Saratoga County.
- The Town of Moreau.
- TOWN BOARD
- The Town Board of the town.
It is hereby found and determined to be a governmental and public purpose of the town to acquire, construct, operate and maintain roads, sewage collection and disposal facilities, solid waste collection and disposal facilities, water supply facilities and drainage facilities to serve any industrial project and to provide for the acquisition, maintenance, clearance, improvement, demolition, change of topographical, subsoil or other physical conditions or other necessary site preparation work of any industrial site as part of an industrial project.
In furtherance of such purposes, the Town Board shall have the following powers:
To enter into agreements with the State of New York, the federal government, any public corporation, any private corporation and any individual.
To expend money and utilize town officers, employees, agents and/or town property.
To incur indebtedness.
To acquire title, leasehold, mortgage or such other interests in real property as the Town Board shall determine to be necessary and appropriate to carry out the purpose of this chapter.
To exercise any of its other governmental powers.
In the exercise of such powers, the town shall not give or loan its money, property or credit in aid of any individual or public or private corporation or association in violation of § 1 of Article 8 or any other provision of the Constitution of the State of New York, and provided further that any obligations issued for any purposes of the town authorized pursuant to this chapter shall be issued in compliance with the provisions of the Local Finance Law.